CAC 40 Edges Lower In Lackluster Trade

RTTNews | 543 일 전
CAC 40 Edges Lower In Lackluster Trade

(RTTNews) - French stocks were slightly lower on Monday as investors kept a close eye on tensions in the Middle East and awaited cues from Fed Chair Jerome Powell's congressional testimony due this week for fresh insights into the monetary policy outlook.

The testimony is scheduled for two days March 6 and 7.

Meanwhile, the European Central Bank is expected to freeze interest rates again this week amid a complex economic landscape.

The benchmark CAC 40 was down 10 points, or 0.1 percent, at 7,923 after ending marginally higher on Friday.

BNP Paribas added 1.5 percent. The financial services major has announced the launch of a share repurchase program of 1.055 billion euros.

The repurchase period will begin on March 4, and will end no later than April 23.

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Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 2 시간 56 분 전
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 3 시간 39 분 전
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 4 시간 9 분 전
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 5 시간 22 분 전